Monday, November 7, 2011

Does Russia need a huge bank cesspool

Rules igry12-02-2009 Does Russia need a huge bank scrapyard in Russia discussed the possibility of creating a "bad bank", similar to that which is going to create in the U.S.. However, the Russian banking system is specific, it is hardly applicable to her American experience. Recall that in late January in the United States discussed the idea of ??creating a "bad bank" on the balance sheets which have been withdrawn troubled illiquid assets of other banks in the country. However, this project has not yet passed, and with regard to him debate. Now it appeared that the same bank can be created in Russia. More precisely, the role of "bank scapegoat" claim Vnesheconombank (VEB). VEB to offer its services to the state to buy out the Russian banks of distressed assets to clear the balance and resolve problems with liquidity, which will give new impetus to lending, has informed RIA Novosti news agency referring to its source. So far, government support for the banking system in Russia was expressed predominantly in the immediate "infusion" of funds in banks' capital.

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